Riley Exploration Permian Balance Sheet Health
Financial Health criteria checks 2/6
Riley Exploration Permian has a total shareholder equity of $421.6M and total debt of $356.0M, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are $945.7M and $524.1M respectively. Riley Exploration Permian's EBIT is $177.7M making its interest coverage ratio 5.6. It has cash and short-term investments of $15.3M.
Key information
84.4%
Debt to equity ratio
US$355.96m
Debt
Interest coverage ratio | 5.6x |
Cash | US$15.32m |
Equity | US$421.60m |
Total liabilities | US$524.12m |
Total assets | US$945.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T7U's short term assets ($63.3M) do not cover its short term liabilities ($94.3M).
Long Term Liabilities: T7U's short term assets ($63.3M) do not cover its long term liabilities ($429.8M).
Debt to Equity History and Analysis
Debt Level: T7U's net debt to equity ratio (80.8%) is considered high.
Reducing Debt: T7U's debt to equity ratio has increased from 36.1% to 84.4% over the past 5 years.
Debt Coverage: T7U's debt is well covered by operating cash flow (58.2%).
Interest Coverage: T7U's interest payments on its debt are well covered by EBIT (5.6x coverage).